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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,422 | $70,684-27.3% | $169,397-69.6% | $75,177-31.6% |
| Participation rate | 34.9% | 64.8%-29.9pp | 77.2%-42.3pp | 67.2%-32.3pp |
| Annual return | 20.70% | 36.38%-15.7pp | 406.23%-385.5pp | 160.75%-140.0pp |
| Employer contribution / active EE | $298 | $2,211-86.5% | $4,013-92.6% | $2,671-88.8% |
| Participant deferral / active EE | $2,125 | $4,310-50.7% | $6,223-65.8% | $4,126-48.5% |
| Admin fee / account holder | $72 | $5,404-98.7% | $9,017-99.2% | $5,651-98.7% |